The incentive will be in the range of 5-10 per cent of production value, sources said.
The scheme is in addition to the already announced Rs 51,311 crore PLI for three sectors which takes the total around Rs 2 trn
The Supreme Court granted bail to TV journalist Arnab Goswami in an abetment to suicide case, saying personal liberty must not be denied.
The government will bring a PLI scheme for promotion of domestic manufacturing of agro-chemicals, Minister of State for Chemicals and Fertilisers Mansukh Mandaviya announced on Thursday.
Industry says revised PLI scheme will attract more MSMEs to invest as minimum investment clause done away with
Ericsson's stand is significant as the draft PLI scheme stipulates that global companies have to make an incremental investment of Rs 600 crore over four years to be eligible for it
Bet on PLI scheme to beat rivals, but market sends out mixed signals
Brokerages expect mobile volumes to rise multi-fold over the next two years
The committee will be headed by Wistron India MD Sudipto Gupta.
Analysts say the production linked incentive (PLI) scheme will turn Apple's fortunes in India. Will iPhone be more affordable for Indians? Listen to the podcast to know more
Lava, Bhagwati (Micromax), Padget Electronics, UTL Neolyncs and Optiemus Electronics are among the Indian companies approved
Foxconn, Wistron and Pegatron, which manufacture the bulk of Apple's iPhones, are expected to get the Cabinet's go-ahead under the productivity-linked incentive (PLI) scheme for mobile devices